Three-Building, Multi-Tenanted, Investment Property
Mixed Use RestaurantOfficeResidential169 Ocean Street, South Portland, ME 04106
- Type
- Sale
- Status
- Active
- Asking Price
- $2,900,000
- Price/SF
- $203.74/SF
- Cap Rate
- 7.99%
- List Date
- Nov 2, 2026
- Days on Market
- 7
- Owner Financing Available
- No
- 1031 Exchange
- No
- Land Lease
- No
- Sale Investment
- YES
- Sale NOI
- $231,772
- Owner Occupied
- No
- Tax Amount
- $25,680
- Tax Year
- 2026
- Last Verified
- Nov 3, 2026
- Agent Ownership Interest
- No
Three-Building, Multi-Tenanted, Investment Property
We are pleased to offer 169–171 Ocean Street for sale, a highly desirable, three-building, multitenanted investment property in the heart of South Portland's Knightville neighborhood. Featuring a diverse mix of restaurants, catering operations, office space, and residential units, the property offers an attractive blend of commercial and residential income streams. Ideally situated along Ocean Street, the property benefits from excellent visibility within one of South Portland's most vibrant business districts. Knightville is known for its walkable streets, locally owned restaurants, neighborhood shops, and strong sense of community. Located just across the Casco Bay Bridge from Portland, the property offers convenient access to downtown Portland, the Old Port, and the region's major transportation routes. With its established commercial presence, diverse tenant mix, and desirable location, 169–171 Ocean Street represents an outstanding opportunity for investors seeking a well-positioned, mixed-use asset in the Greater Portland market.
Space Details
- Available SF
- 14,234 SF
- Type
- Sale
- Status
- Active
- Asking Price
- $2,900,000
- Price/SF
- $203.74/SF
- Cap Rate
- 7.99%
- List Date
- Nov 2, 2026
- Days on Market
- 7
- Owner Financing Available
- No
- 1031 Exchange
- No
- Land Lease
- No
- Sale Investment
- YES
- Sale NOI
- $231,772
- Owner Occupied
- No
- Tax Amount
- $25,680
- Tax Year
- 2026
- Last Verified
- Nov 3, 2026
- Agent Ownership Interest
- No
Three-Building, Multi-Tenanted, Investment Property
We are pleased to offer 169–171 Ocean Street for sale, a highly desirable, three-building, multitenanted investment property in the heart of South Portland's Knightville neighborhood. Featuring a diverse mix of restaurants, catering operations, office space, and residential units, the property offers an attractive blend of commercial and residential income streams. Ideally situated along Ocean Street, the property benefits from excellent visibility within one of South Portland's most vibrant business districts. Knightville is known for its walkable streets, locally owned restaurants, neighborhood shops, and strong sense of community. Located just across the Casco Bay Bridge from Portland, the property offers convenient access to downtown Portland, the Old Port, and the region's major transportation routes. With its established commercial presence, diverse tenant mix, and desirable location, 169–171 Ocean Street represents an outstanding opportunity for investors seeking a well-positioned, mixed-use asset in the Greater Portland market.
Space Details
- Available SF
- 14,234 SF